Industry
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Kirk Kerkorian's life began in poverty and ended in spectacular success. Along the way, he founded an early airline, battled Howard Hughes for control of a germinating Las Vegas, counted icon Frank Sinatra as a friend, and owned interests in Hollywood studios MGM, United Artists and Columbia Pictures. But in addition to his glamorous ventures into the gaming and entertainment world, he also made a name for himself in automotive circles. After a brief association with Studebaker in the early 1960s, Kerkorian played a key role during the American auto industry's post-2000 shakeups. After an...
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Volkswagen Group To Be Reorganized, Four Smaller Structures Possible: ReportThe Volkswagen Group controls more than a dozen brands and has more than half a million employees around the globe. Understandably, such complexity is difficult to oversee from a central hub which is why we may see the automaker’s management and corporate structure reorganized into four...
Viknesh Vijayenthiran -
Chinese rival to Google working with BMW on autonomous car, prototype to launch this yearGoogle isn't the only tech giant in the autonomous car game any longer as Chinese search engine giant Baidu is hoping to start testing of a self-driving car this year together with BMW. Baidu signed a partnership agreement with the German automaker in 2014 to develop autonomous car technology and...
Motor Authority -
Mercedes Starts Sales Of Tesla Powerwall-Rivaling Home Energy StorageWell, that escalated quickly. Just a month after Tesla Motors [NSDQ:TSLA] announced its new Powerwall battery-based energy storage system, Mercedes-Benz has come out with a rival system that's already available for pre-order in Germany. Deliveries are scheduled to commence in September and right...
Viknesh Vijayenthiran -
G7 Seeks End Of Fossil Fuels By 2100, Deep Cuts By 2050The revelation is as devastating as enthusiasts have feared: Environmental advocates want to make your car illegal. That's the bad news. The good news? We'll all be—almost certainly—dead by then. MUST WATCH: New Owner Takes Porsche 918 Spyder Straight To The Track: Video At the recent...
John Coyle -
New NHTSA Teams Speed Response After GM Ignition-Switch RecallThe National Highway Traffic Safety Administration has created two new teams to help the agency better identify potential auto-safety problems, and respond to them more quickly. DON'T MISS: 'Sin City Hustler' Is A $1M Ford Excursion Monster Truck: Video The changes come in response to an analysis...
John Coyle -
A division of parent company Daimler may launch Mercedes into the energy-storage business.
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England Revives The London Motor Show For 2016Fire up the double-decker buses! Wipe off the taxis! Wake up the Queen! The London Motor Show is back. What was formally known as the British International Motor Show is being revived and it will light up London in 2016. This auto show ran for many years before it buggered off for good in 2008...
Jeff Glucker -
PT Cruiser Designer Bryan Nesbitt To Lead Buick DesignBryan Nesbitt, most famous for his work on the Chrysler PT Cruiser, has returned to the States to head up Buick’s design team. The American spent the last four years leading the design team at General Motors Company’s [NYSE:GM] International Operations, based in Shanghai, China, and is...
Viknesh Vijayenthiran -
Bentley Hires Stefan Sielaff As New Design ChiefBentley has named Stefan Sielaff as its new design chief. The German designer is a Volkswagen Group man, having previously led design at Audi and more recently serving as head of interior design for all group brands as well as head of the Volkswagen Design Center in Potsdam, Germany. He replaces...
Viknesh Vijayenthiran -
Report: Numerous vehicle redesigns delayed at Fiat Chrysler AutomobilesFiat Chrysler Automobiles’ [NYSE:FCAU] five-year strategy announcement made a year ago may have been a little too ambitious, as we’re already starting to hear about possible delays of a number of key vehicle redesigns. A fortnight ago, FCA CEO Sergio Marchionne let slip that the...
Viknesh Vijayenthiran -
Here's Your Chance To Start Your Own Sports Car Company OvernightStarting your own sports car company is a large endeavor but now may be your chance to get the keys to one that's already developed. The MMI company from the U.K. is selling its Avocet sports car program and including all the designs and rights for it. ALSO SEE: Man Considered "Too Drunk" Is...
Motor Authority -
For fifty years, TVR built quirky sports cars, by hand, in Blackpool, England. Known for their distinctive (and occasionally odd) styling, TVRs were among the most polarizing boutique sports cars ever built. Fans of the marque loved its cars for the unique look and personality each TVR had, while critics panned them for spotty build quality and razor’s edge handling. TVR’s finest hour probably came at the hands of the late Peter Wheeler, who owned the company from 1984 until 2004. Under Wheeler’s ownership, the brand moved from V-6 engines back into V-8s, and penned such...
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Hat Trick: Toyota Most Valuable Car Brand In BrandZ Top 100 SurveyThe results of Millward Brown's annual BrandZ Top 100 are in, and Toyota was once again named the most valuable automotive marque. For those keeping score—which includes the entirety of the business world—that makes three straight wins for the world's largest automaker (BMW was number...
John Coyle -
Saab Parent NEVS Forms Alliance With State-Owned Chinese Firms, Confirms Chinese PlantSaab, like fellow Swedish automaker Volvo, is now partially owned by the Chinese government, with its cash-strapped parent company National Electric Vehicle Sweden (NEVS) confirming this week it has formed an alliance with two state-owned Chinese entities. Importantly, the confirmation ends...
Viknesh Vijayenthiran -
GM Spends $439 Million On Corvette Plant UpgradesGeneral Motors Company [NYSE:GM] will spend $439 million in upgrades for its Corvette plant located in Bowling Green, Kentucky. Most of the funds will go into a new 450,000 square-foot paint shop that will be roughly half the size of the current Bowling Green assembly plant once complete. ALSO SEE...
Viknesh Vijayenthiran -
Audi And Partners Develop E-Benzin Synthetic Gasoline: VideoAudi in recent years has been making strides to move away from fossil fuels but without abandoning the internal combustion engine and current refueling infrastructure. It’s been doing this with its research in the area of synthetic fuels and has already come up with synthetic natural gas and...
Viknesh Vijayenthiran -
Borgward Enlists Ex-Daimler China Chief, Plans SUV For FrankfurtThe last Borgward rolled off the assembly nearly half a century ago. But that isn't stopping the grandson of the founder together with Chinese truck company Foton from trying to resurrect the long-dead German luxury brand. And now Ulrich Walker—ex-chief of Daimler China—has joined the...
John Coyle -
The world’s top automakers and a handful of tech and supply firms are working hard to develop autonomous car technology, with the goal for most being a car capable of driving without any human intervention whatsoever. One of the leaders in this field is tech giant Google, which this summer plans to start testing on public roads a prototype of its fully autonomous car. It’s well-documented that the proliferation of self-driving cars could lead to the end the professional driver, but an analyst from Barclays goes further and predicts that the technology could also lead to a massive...
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Aston Martin CEO Calls Alabama “Obvious Choice” For New PlantIt emerged last month that Aston Martin was looking to add a second plant in preparation for several new models due out in the coming years and the extra capacity they’ll require. A possible location for the new plant was said to be here in the U.S., though Aston Martin could just as easily...
Viknesh Vijayenthiran -
Believe The Hype: California Will Get Hyperloop Test TrackIn 2013, Elon Musk—not content to simply impact the world via his disruptive companies Tesla Motors [NSDQ:TSLA] and SpaceX—made headlines when he released the idea for mass transit system called the Hyperloop. Simply put, the concept reads like a combination of train and pneumatic...
John Coyle -
NHTSA Aims To Speed Implementation Of Vehicle-To-Vehicle CommunicationToday's cars are, without a doubt, safer than they've ever been. But with ever-increasing congestion—along with seemingly infinite distractions—the National Highway Traffic Safety Administration is looking to speed implementation of vehicle-to-vehicle technology (V2V), which would focus...
John Coyle -
Mazda And Toyota Announce Long-Term PartnershipJapan's largest carmaker and one of its smallest are now working together. Toyota and Mazda say they have agreed to build a "mutually beneficial long-term partnership" that will likely involve the sharing of different technologies over the next few years. The agreement will involve both companies...
Stephen Edelstein -
Mercedes-Benz Hits Milepost In Construction Of Mammoth New Crash Test FacilityMercedes-Benz has been crash testing all its models for over half a century, and along the way, the company has developed plenty of groundbreaking tech. From seatbelts that tense up before a crash, to systems that will alert drowsy drivers, to technology that will actually stop the vehicle to...
John Coyle